Franklin is a medium-sized city located in the state of Indiana. With a population of 26,158 people and six associated neighborhoods, Franklin is the 40th largest community in Indiana. Franklin has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Franklin, where the median household income is $82,380.00.

Franklin real estate is some of the most expensive in Indiana, although Franklin house values don't compare to the most expensive real estate in the U.S.

Of important note, Franklin is also a city of artists. Franklin has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Franklin’s character.

Also of interest is that Franklin has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Franklin telecommute to their jobs. Overall, about 11.53% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The overall education level of Franklin is somewhat higher than in the average US city of 21.84%: 27.77% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Franklin in 2022 was $37,366, which is upper middle income relative to Indiana, and middle income relative to the rest of the US. This equates to an annual income of $149,464 for a family of four. However, Franklin contains both very wealthy and poor people as well.

The people who call Franklin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Franklin residents report their race to be White, followed by Black or African-American. Important ancestries of people in Franklin include German, English, Irish, Scottish, and Italian.

The most common language spoken in Franklin is English. Other important languages spoken here include Spanish and Thai.